Investor's Dream: Builder's Opportunity in Washington Parks!

St. Clair County, East St. Louis, IL, 62204
Sold
Listed at: October 3rd, 2023
Price
$7,500
Sq. Footage
912
Type
Single-Family
Parking
Driveway
Year build
1927
Lot size
6534.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Are you ready to take on a unique investment opportunity in the thriving neighborhood of Washington Parks? Located at East St Louis, IL 62204, this property may be in rough shape, but it holds tremendous potential for the savvy investor looking for their next project.

Key Property Details:

  • Neighborhood: Washington Parks
  • Property Type: Single Family Home
  • Bedrooms: 2
  • Bathrooms: 1
  • Square Footage: 912 sqft
  • Lot Size: 6,534 sqft

The Opportunity:

This property is not for the faint of heart. It's in bad shape and needs a complete overhaul or, perhaps, a fresh start. The true value here lies in the potential to tear down and rebuild, making it an attractive proposition for investors seeking profits through new construction projects.

Local Hotspots:

Washington Parks is a vibrant neighborhood with plenty to offer. Despite the property's condition, you'll find a thriving community with access to local amenities, including:

  1. Parks: Enjoy the beautiful green spaces at Jones Water Park, and Frank Holten Park.
  2. Dining: Savor the local flavors at nearby eateries, Like Eddie's, Rise N' Shine, Sherry J's Homestyle Cooking, and many more!
  3. Shopping: Explore nearby shopping centers and boutiques, making errands and retail therapy a breeze.

While the property itself may need extensive work, the potential for profit in the Washington Parks neighborhood is undeniable. With new builds on the rise and a community that continues to flourish, this investment opportunity is one you won't want to miss.

Act fast and seize the chance to transform this property into a profitable venture. Contact us today to learn more and take the first step towards your next successful project in Washington Parks!

Luxe Home Offer, LLC does not claim to be the owner of this property. Luxe Home Offer, LLC does hold a current equitable interest in the subject property. Luxe Home Offer, LLC does not represent you as your real estate agent in any capacity of a transaction unless agreed upon by all parties in writing. All above stated information, including any projected after repair values and estimated repairs, are a matter of personal opinion. Always perform your own due diligence to verify and validate any numbers presented before signing a contract or assignment to purchase any property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joseph Banks

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Disposition manager